PRIOR INVESTMENTS

RER, LLC specializes in delivering you a comprehensive, hands-free real estate investment platform in New Jersey’s multi-unit market. We take you through the entire investment process from start to finish with successful opportunities tailored to your needs.

We focus on giving you turnkey real estate investment opportunities with our competence, proficiency, and off-market solutions in the Northern New Jersey urban market. Since 2008, we generated an average of 18% returns across 30 plus $15-million projects for our clients.

The property, located in the McKinely Square section of Jersey City and within 1 mile of the PATH, was acquired in vacant and uninhabitable conditions. This rehab and flip deal resulted in a beautiful renovation with high-end finishes. The property was sold to an owner-occupied end-buyer at 80% of Area Median Income once again showing RER commitment to help solve the affordable housing crisis growing in New Jersey and the United States.

201 Duncan Ave

Location

Property Type

Acquired Date

Exit Date

Holding Period

Cash-on-Cash Return

Project Cash

Jersey City, NJ

2-Family

Aug 2017

Jul 2018

11 Months

54%

$415,000

This investment began as a tax lien investment purchase in 2014, and RER successfully foreclosed on the property in 2018. As a tax lien foreclosure, the asset was obtained at a significant discount to market value, and was ultimately sold to another investor with the end goal to rehab and flip the property.

108 N13th Street

Location

Property Type

Acquired Date

Exit Date

Holding Period

Cash-on-Cash Return

Project Cash

Newark, NJ

Tax Lien Foreclosure

Feb 2018

Jun 2018

5 Months

20%

$32,000

The asset was purchased via the First Look Program through a partnership with a national not-for-profit. RER rehabbed and furnished the condo for a completely turnkey condo in the heart of McGinely Square, walking distance to Journal Square PATH Station. The unit was sold to a local buyer at 80% of Area Median Income allowing the unit to be affordable to help stem the growing unaffordability crisis across Northern New Jersey.

36 Duncan Ave

Location

Property Type

Acquired Date

Exit Date

Holding Period

Cash-on-Cash Return

Project Cash

Jersey City, NJ

Condominium

Nov 2017

Apr 2018

6 Months

17%

$300,000

The investment represents RER continued foray into Non-Performing Note from a local private equity group. RER was able to purchase the delinquent mortgage note on the asset, which was on the city’s abandoned property list, and complete its target thesis of selling the asset via the county sheriff sale program while working with city stakeholders to solve its intent to condemn the asset using its eminent domain powers.

671 Palisade Ave

Location

Property Type

Acquired Date

Exit Date

Holding Period

Cash-on-Cash Return

Project Cash

Jersey City, NJ

Multi-Family NPN

Apr 2015

May 2017

25 Months

33%

$150,000

The asset, located in the Heights area of Jersey City, was acquired for a rehab and resell strategy. RER worked with its internal construction division to gut renovate the asset and set a new market price in the submarket where it sold the asset to a first time homebuyer.

70 Sherman

Location

Property Type

Acquired Date

Exit Date

Holding Period

Cash-on-Cash Return

Project Cash

Jersey City, NJ

Multi-Family

Apr 2015

May 2016

11 Months

32%

$606,000

The property, located in the Greenville section of Jersey City, was acquired as a short sale purchase with moving fee paid to the seller to rent a new apartment plus moving expenses. Our the team was able to realize above average returns because the asset was sold without investing in rehab or renovations to an investor/flipper yielding high double-digit annualized returns to RER and its partners.

52 Dwight

Location

Property Type

Acquired Date

Exit Date

Holding Period

Cash-on-Cash Return

Project Cash

Jersey City,NJ

Multi-Family

Jan 2016

Mar 2016

2 Months

45%

$110,500

Disclaimer: Past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy made reference to directly or indirectly on this site will be profitable, be equal to corresponding indicated historical performance level(s), or be suitable for your portfolio. None of the information contained on this site constitutes a recommendation, solicitation or offer to buy or sell any securities, options or other financial instruments or other assets or provide any investment advice or service.